Ukrainian govt unveils list of enterprises slated for privatization and liquidation
MOSCOW. Aug 5 (Interfax) - The Ukrspyrt state-owned enterprise, the State Investment Company, Antonov Finance, the Universal Avia enterprise, Ukrainian Polymetals, and Bread of Ukraine have been added to the list of companies that will be transferred to the State Property Fund for subsequent privatization.
The Ukrainian government published the list along with its July 26 Decree No. 683, which approves this list, the Ukrainian media said on Thursday, citing the government's website.
As it has been announced, the list includes 420 companies, 355 of which are "integrated asset pools of state-owned enterprises, institutions and organizations slated for liquidation or reorganization, which will be transferred to the management of the State Property Fund, businesses slated for liquidation, in which the state's corporation rights will be managed by the State Property Fund, and businesses slated for liquidation, control over whose operations is exercised by the State Property Fund."
A large number among these 355 companies are ethanol plants and regional investment and development centers.
The other companies, including the aforementioned ones, will be transferred to the State Property Fund. For the first time, this list contains quite a large number of facilities of the National Academy of Sciences together with the Institute of Mono-Crystals Technological Park, the Ista-Center and the Academic Book store, as well as the Powder Metallurgy Plant and the Dialir Medical Scientific Research Association.
Other Ukrainian enterprises that will be privatized are Ukrvetprompostach LLC, Zaporozhvzryvprom, Zahydukrvzryvprom, the Phenol State Plant, Ukrmekhanobr, and the Kryvyi Rih Industrial Automation Plant.
As reported, at the end of July, the Ukrainian Verkhovna Rada passed an updated privatization law, moving the country's privatization campaign forward and removing any uncertainty over whether privatization could take place during the martial law period in Ukraine.
Ukrainian Prime Minister Denys Shmyhal on Thursday morning underscored the importance of Ukraine's large-scale privatization campaign, announcing its start on September 1.